Accor Looks Beyond Tourist Zones for China Development
Big news from Asia: Accor is set to build about one third of its 100 planned mainland China hotels in tourist destinations, according to the South China Morning Post.
“Domestic tourism on the mainland was ‘growing at a rate of knots,'” Michael Issenberg, Accor’s Asia-Pacific chairman tells the SCMP. “If people acquire wealth, they want to travel. That’s been the big change. Even five years ago, it was all cities.”
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